Insurance Insurance can be an important component of your overall financial strategy. While its primary purpose is often protection, insurance coverage can offer additional benefits: Cash to your estate to pay debts, taxes or other expensesLegacy/wealth transfer strategiesAsset accumulation and distribution strategiesAs you seek to build financial security for yourself and your family, you may want to consider the following options:Protection and Legacy TransferTerm insurance — can provide for basic insurance protection, debt consolidation, mortgage cancelation, college funding and family income needs.Long-term care insurance — can help defray health care costs not covered by Medicare.Medicare supplemental insurance — is designed to provide for an increase in the deductibles and co-insurance payments required each year in Medicare plans.Disability income insurance — can be used to replace income due to a disabling accident, health issue or mental incapacity.Group life and disability — can provide employee life and disability insurance coverage for your business.Asset Accumulation and Distribution StrategiesFixed annuities — provide both a fixed-investment rate as well as guaranteed income, with tax-deferred accumulation.Universal life insurance — offers life insurance protection with a fixed rate of guaranteed tax-deferred cash value.READ MORE about risk management in our resources sectionAn M3 Investment Services Financial Professional with insurance knowledge can work with you to assess your insurance needs as part of your investment plan. http://www.aaltci.org/long-term-care-insurance/Disclosure: When you link to any of these websites provided here, you are leaving this site. We make no representation as to the completeness or accuracy of information provided at these sites. Nor are we liable for any direct or indirect technical or system issues or consequences arising out of your access to or use of these third-party sites. When you access one of these sites, you are leaving our website and assume total responsibility for your use of the sites you are visiting. Talk With An Advisor Disclosure: Lincoln Investment and its affiliates do not provide estate planning or tax information or advice.